Stock Of The Day: Where Does The Merck Downtrend End?

Shares of Merck & Co., Inc. MRK are trading flat on Thursday, but remain in a downtrend.If the stock eventually reaches levels around $95.00, there is a good chance it reverses and heads higher. As you can see on the chart, this is what happened in late November. This is why our technical analysis team has made it our Stock of the Day.There has been a lot of news coming from Merck.The advanced cancer genomic testing provider Personalis, Inc. PSNL said it received a $50 million equity investment from Merck.  ...